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- Overview Like the nation as a whole, the lodging industry in New Jersey was severely impacted by the lockdowns and travel constraints resulting from the COVID-19 Pandemic, with some hotels, including the Atlantic City casino-hotels, closed for up to three months during the early months of the contagion in the spring and summer of 2020. Some smaller properties were forced to close permanently or sell their facilities, but by the fall of 2021 signs of a recovery appeared as COVID cases declined and air, rail and highway travel approached pre-Pandemic levels. Most travel professionals were predicting a strong travel and lodging season in 2023. -- Casino-hotels  Revel Casino, which closed in September 2014, some two years after its opening. Image: Wikimedia Commons
New Jersey's best-known hotels are the seven remaining casino-hotels in Atlantic City. In 1976, New Jersey voters approved a constitutional amendment allowing casino gambling limited to Atlantic City; subsequent enabling legislation required that any casino approval would be linked to construction or renovation of a hotel with at least 550 guest rooms incorporating the casino. The first casino-hotel, Resorts Atlantic City, opened in 1978, and the City's growth in gaming revenue exceeded 50% through 1985. Expansion continued at a somewhat slower pace into the next century, accounting at its peak for over 40,000 jobs at twelve casino-hotels. Growth slowed, however, with competition from such neighboring states as Connecticut and later from Pennsylvania, which had been a major source of Atlantic City visitors.
The most recent surviving newly-built hotel, the Borgata Hotel Casino and Spa, opened in July 2003, with several of its competitors also undergoing expansion and renovation projects, along with separate proposals for new casino-hotels, including what was promoted as the City's most expensive project, the $2 billion Revel casino-hotel. In the next few years, however, the Atlantic City casino-hotel industry was forced to cope with the sharp drop in visitors, largely due to competition from casinos in other states and the economic recession which took hold in 2008. In 2014, saddled with declining gambling revenue and high debt burdens, four of the then twelve casino-hotels closed, including the new Revel Casino, which opened in 2012, but declared bankruptcy two separate times before closing in September 2014. In October 2016, the Trump Taj Mahal closed after a prolonged strike by its employees. In June 2018, two of the previously closed casinos--Revel and Trump Taj Mahal--were re-opened following bankruptcy reorganization under new ownership and new names, with the former Revel now the Ocean Resort Casino and the Taj Mahal as the Hard Rock Hotel & Casino. The May 2018 decision of the US Supreme Court allowing New Jersey and other states to authorize sports gambling--which some Atlantic City casinos began offering in the summer of 2018--also assisted the recovery of the Atlantic City gaming market. The COVID-19 Pandemic, however, significantly hurt the industry's recovery, with casino-hotels closed for over three months during the peak of the lockdowns in spring and summer of 2020. Atlantic City’s gambling market lost around 80% of its 2019 profit in 2020, with its casino win declining by 44%. The COVID-19 shutdown resulted in unemployment reaching 16%, the third highest in the US, but the industry recovered during 2021 and 2022. - Non-casino lodging Apart from Atlantic City, New Jersey features a broad variety of lodging choices. Hotels in larger cities focus on business travelers; the Jersey Shore continues to have a diverse mix of motels, inns and bed and breakfasts; and other areas rely on local establishments for hosting visitors. The Hudson waterfront also has become a site for new hotels competing with more expensive competitors in New York City. Like the nation, New Jersey also has seen a surge in users of online sites (such as Airbandb, Vrbo.com, Tripping.com and HomeAway.com) for booking private dwellings for stays, a development which has added competition to more traditional lodgings and provoked controversy over their status under state law and local ordinances. Below are links and recent rankings of hotels in New Jersey, along with select ratings from leading travel web sites based on their user reviews or, in the case of Oyster.com, on visits by its own inspectors: |
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-- Booking.com
-- Best New Jersey Hotels
* Booking.com * Top 25 Hotels in the US, TripAdvisor.com * Top 25 B&Bs and Inns in the US, TripAdvisor.com * Top 25 Bargain Hotels in the US, TripAdvisor.com * Best Hotels in New Jersey, US News & World Report * 10 Best Luxury Hotels in New Jersey, VueNJ.com * Hotels & Lodging in New Jersey, VisitNJ.org, New Jersey Division of Travel & Tourism -- Inns and Bed & Breakfasts
* TripAdvisor.com
* Hotels & Lodging in New Jersey, VisitNJ.org, New Jersey Division of Travel & Tourism * New Jersey Inns, Preferred Inns of New Jersey Bed & Breakfast Association * New Jersey Bed & Breakfasts, BedandBreakfast.com -- Peer-to-peer Rental Services In addition to traditional lodging, New Jersey also has seen a surge in peer-to-peer offerings over the Internet by individuals of stays in homes, apartments and other residences. The largest Web service is AirBnB.com, which in January 2016 posted just under 3,500 listings in New Jersey, with Jersey City the leading location with over 900 listings. Major competitors to AirBnB include HomeAway.com, 9Flats.com, FlipKey.com and VacationRentals.com. The booking services vary in their business models, with some charging an annual fee for listings and others providing free listings but receiving a percentage of the rental amount if the property is leased. The growth of these services has been somewhat controversial, with traditional hotel and lodging firms objecting to what they see as unfair competition due to the exemption of individual peer-to-peer listings from regulatory requirements with which commercial lodging firms are required to comply in such areas as licensing, taxes, building safety and insurance. * Everything You Need to Know About Peer-to-Peer Rentals, QuickenLoans.com
* VisitNJ.org, New Jersey Division of Travel & Tourism * New Jersey Hotel & Lodging Association -- New York visits As indicated above, many North Jersey hotels and other lodging options, particularly along the Hudson waterfront, also have become popular stays for business and pleasure visitors to New York City, offering easy access as well as more affordable rates than their New York competitors. * Official Visitors Guide to NYC, City of New York * The Official Guide to New York City, NYC & Company * Best Things to Do in New York, JenReviews.com * Hotels & Travel, New York, Booking.com -- Restaurants -- Hotels -- Theaters
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